Reported 3 months ago
As housing demand increases, construction stocks in central Taiwan have spiked, with the construction sector index rising by approximately 57% this year. Companies like Fubon, Dacheng Real Estate, and Kunyu have seen their stock prices reach new highs, driven by market sentiment leading to phrases like 'if you can't buy a house, buy construction stocks'. Fubon, in particular, has doubled its stock price and is set to become the new leader in central Taiwan's construction market, with impressive sales figures from several completed projects contributing to record-breaking revenues.
Source: YAHOO